Hospital buys Fazio property

YORK, Maine — After two years on the market, Annette Fazio has sold her property on Woodbridge Road, former home of Fazio's Restaurant, to York Hospital for a purchase price of $1.1 million.

Rob Levey

YORK, Maine — After two years on the market, Annette Fazio has sold her property on Woodbridge Road, former home of Fazio's Restaurant, to York Hospital for a purchase price of $1.1 million.

"It's official, the property is gone," Fazio said Monday. "It was time to move on."

The 1.87-acre property had been home to Fazio's Italian Restaurant and various other business entities for more than 20 years, most recently as the very short-lived home of Vinny's East Coast Grille. The land now will be used primarily for off-site staff parking for York Hospital.

"We've actually been using Foster's Clambake for off-site parking since January," said Steve Pelletier, who is responsible for York Hospital's property management. "One reason we did this is due to many comments from our patients about the parking situation here as well as from our own observations. It needed to be done."

The sale of the property was finalized the last week in February and includes all 1.87 acres and its three buildings, which total more than 25,000 square feet.

According to Pelletier, there are currently no plans to level any of the property's buildings. He cited their potential use to include storage and light office work.

Pelletier estimates 125 parking spaces have been gained because of the purchase, and said 100 staff members will begin to park there sometime this spring. Shuttle service to the hospital will be provided to staff throughout the day.

As for why the property lasted so long on the market, Fazio believes what made it so unique is also what made it difficult to sell.

"It is a big property," she said. "Those three buildings were overwhelming to some people. I knew it would take a visionary, a certain type of owner to make this thing work."

Now that the property has been sold, Fazio said her future plans include restaurant consulting, professional speaking engagements, and her recent venture, Market America, which is a product broker and Internet marketing company.

As for any items still remaining on the property, she said York Hospital has allowed her 90 days to vacate.

"My plan is to sell all of the property's contents within 90 days, including all the restaurant equipment." For information on the equipment sale, call Fazio at 251-0734. She thanked friend Richard Desoto for his help with the property sale.

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